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ASSIGNMENT
Course Code : MS - 95
Course Title : Research Methodology for Management Decisions
Assignement Code : MS-95/TMA/SEM – I/2017
Coverage : All Blocks
Note: Attempt all the questions and submit this assignment on or before 30th April, 2017 to the
coordinator of your study center.
Question.1. A social scientist sampled 140 people and classified
them according to income level and whether or not they played a
state lottery in the last month. The sample information is reported
below. Is it reasonable to conclude that playing the lottery is
related to income level? Use the .05 significance level.
Income
Low Middle High Total
Played 46 28 21 95
Did not play 14 12 19 45
Total 60 40 40 140
(a) What is this table called?
(b) State the null hypothesis and the alternate hypothesis.
(c) What is the decision rule?
(d) Determine the value of chi-square.
(e) Make a decision on the null hypothesis. Interpret the result.
Answer:
a.Contingency table
b. There is no
Question.2. What is of more value to the corporate world –basic,
fundamental, or applied research? Justify your reasoning!
Answer:Fundamental research provides generally-applicable insights. For instance, the extinction
risk criteria used to produce the IUCN Red List of threatened and endangered species are based in
large part on fundamental, generally-applicable models of stochastic population dynamics
developedbyRussLande (Mace et al.2008). Mace etal. (2008) discussat lengththe reasonsforthis,
which are not limited to lack of species-specific knowledge. But it is true that, if you lack detailed,
system-specificknowledge,youdo want general, broadly-applicable insights to be able to fall back
on.
Question.3. Distinguish between secondary and primary methods
of data collection. Is it possible to use secondary data methods as
substitutes of primary methods? Justify your answer with suitable
illustrations.
Answer:Primarydatais raw information collected by researchers for a specific purpose. Secondary
data is information obtained by studying the reports of other researchers.
When researchers conduct primary research, they are collecting data in response to a specific
question,orinaccordance witha specificobjective.Theymayconductsurveysorfocusgroups. They
may run experiments, or record direct
Question.4. What is a systematic sample? How is it selected? What
are the advantages and disadvantages of a systematic sample?
Answer:Asa statistical samplingmethod, systematic sampling is simpler and more straightforward
than random sampling. It can also be more conducive to covering a wide study area. On the other
hand,systematicsamplingintroducescertain arbitrary parameters in the data. This can cause over-
or under-representation of particular patterns.
Examining Systematic Sampling
Question.5. Discuss the applications of rating scales in various
functional areas of management.
Answer:The modern technology has brought in sea changes and transformed the organisational
structure, working and culture. Computers and computer programmes have flooded into the
organisationsof all kindsandtypesgivingnochance toescape fromtheirinfluence. They are widely
used in human resource management.
Safety and Health:Safety and health at
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  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 ASSIGNMENT Course Code : MS - 95 Course Title : Research Methodology for Management Decisions Assignement Code : MS-95/TMA/SEM – I/2017 Coverage : All Blocks Note: Attempt all the questions and submit this assignment on or before 30th April, 2017 to the coordinator of your study center. Question.1. A social scientist sampled 140 people and classified them according to income level and whether or not they played a state lottery in the last month. The sample information is reported below. Is it reasonable to conclude that playing the lottery is related to income level? Use the .05 significance level. Income Low Middle High Total Played 46 28 21 95 Did not play 14 12 19 45 Total 60 40 40 140 (a) What is this table called? (b) State the null hypothesis and the alternate hypothesis. (c) What is the decision rule? (d) Determine the value of chi-square. (e) Make a decision on the null hypothesis. Interpret the result. Answer: a.Contingency table
  • 2. b. There is no Question.2. What is of more value to the corporate world –basic, fundamental, or applied research? Justify your reasoning! Answer:Fundamental research provides generally-applicable insights. For instance, the extinction risk criteria used to produce the IUCN Red List of threatened and endangered species are based in large part on fundamental, generally-applicable models of stochastic population dynamics developedbyRussLande (Mace et al.2008). Mace etal. (2008) discussat lengththe reasonsforthis, which are not limited to lack of species-specific knowledge. But it is true that, if you lack detailed, system-specificknowledge,youdo want general, broadly-applicable insights to be able to fall back on. Question.3. Distinguish between secondary and primary methods of data collection. Is it possible to use secondary data methods as substitutes of primary methods? Justify your answer with suitable illustrations. Answer:Primarydatais raw information collected by researchers for a specific purpose. Secondary data is information obtained by studying the reports of other researchers. When researchers conduct primary research, they are collecting data in response to a specific question,orinaccordance witha specificobjective.Theymayconductsurveysorfocusgroups. They may run experiments, or record direct Question.4. What is a systematic sample? How is it selected? What are the advantages and disadvantages of a systematic sample? Answer:Asa statistical samplingmethod, systematic sampling is simpler and more straightforward than random sampling. It can also be more conducive to covering a wide study area. On the other hand,systematicsamplingintroducescertain arbitrary parameters in the data. This can cause over- or under-representation of particular patterns. Examining Systematic Sampling Question.5. Discuss the applications of rating scales in various functional areas of management. Answer:The modern technology has brought in sea changes and transformed the organisational structure, working and culture. Computers and computer programmes have flooded into the organisationsof all kindsandtypesgivingnochance toescape fromtheirinfluence. They are widely used in human resource management. Safety and Health:Safety and health at
  • 3. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601